Avantor's Stock Declines Despite Q3 Earnings Beat, Margins Down

Avantor, Inc. (AVTR) reported third-quarter 2024 adjusted earnings per share (EPS) of 26 cents, up by a penny from the year-ago quarter. The bottom line surpassed the Zacks Consensus Estimate by 4%. GAAP EPS for the quarter was 8 cents, down 50% year over year. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. AVTR Revenue Details Revenues grossed $1.71 billion in the reported quarter, down 0.3% year over year. The metric missed the Zacks Consensus Estimate by 0.6%. Per management, the ...